The National Ministry of Trade and Industry has officiated new branches of food stores selling maize in Juba to enable the public to buy food at subsidized prices amid soaring inflation in the country. Continue reading Trade ministry opens 6 cheap food stores in Juba
Category: Economy
Economy
Somali businessmen agree to lower fuel price for one week
The Somali Business Community in South Sudan have agreed to reduce fuel price from 2,200 to 2,000 pounds per a liter, in a meeting with the Managing Director of the Nile Petroleum Corporation on Tuesday. Continue reading Somali businessmen agree to lower fuel price for one week
Lawmaker urges Kiir to order economic relief budget
A national lawmaker has called on the President to quickly intervene and alleviate the current inflation by directing the parliament to pass a budget for importing subsidized goods into the country. Continue reading Lawmaker urges Kiir to order economic relief budget
South Sudan directs implementation of e-cargo tracking system
The Commissioner for Customs Division has introduced a mandatory Electronic Cargo Tracking Note for all imports and exports to and from South Sudan as importers fume over service charge. Continue reading South Sudan directs implementation of e-cargo tracking system
President Kiir meets heads of economic institutions over soaring inflation
President Salva Kiir on Monday convened a crucial meeting with leaders from various economic institutions, as soaring inflation takes a bite on the nation. Continue reading President Kiir meets heads of economic institutions over soaring inflation
EAC bloc denies issuing common currency unit
The East African Community has denied issuing a single currency unit for the region following the circulation of a fake banknote named Sheafra, purported to have been approved by the bloc. Continue reading EAC bloc denies issuing common currency unit
CES govt promises measures to address rising meat price
The government of Central Equatoria State has promised butchers in Juba to address the challenges facing them including reducing the price of meat in the state. Continue reading CES govt promises measures to address rising meat price
Lakes State denies alleged Rumbek market closure over inflation
Lakes State government dismissed reports that traders in local markets have closed their shops over the sharp decline in value of the South Sudan pound, but verified photos show a closed section of the market. Continue reading Lakes State denies alleged Rumbek market closure over inflation
Govt explores road connectivity as economy plummets
The South Sudan government has disclosed 13 major priority highways, including transnational routes to enhance trade as some businessmen complain about lack of road connectivity in the country. Continue reading Govt explores road connectivity as economy plummets
Works on Juba-Nadapal, Juba-Nimule highways to commence soon – says VP Taban
South Sudan is set to commence construction of the Juba-Nadapal highway and rehabilitation of the potholes-infested Juba-Nimule Road, said the Vice President for Infrastructure.
Continue reading Works on Juba-Nadapal, Juba-Nimule highways to commence soon – says VP Taban